I recently had the pleasure of sitting down with Ken Massey, owner of Autumnwood Designs, to discuss his experience as a business owner. In 2021, Ken ventured into the world of “acquisition entrepreneurship” – and joined the ranks of a growing number of success stories. There is a great deal of insight to glean from Ken’s journey, which he generously …
In order to sell your business for top dollar, you must demonstrate its value. That value is based on a lot of numbers and calculations, but it also includes factors that can be harder to capture on paper. The reality is, conducting a thorough and accurate business valuation is both an art and a science. Most buyers focus on the …
Do you like to handle projects around the house on your own? Do you only call in the pros for the really tough stuff? Or maybe you draw the line at electrical or plumbing, where the risk of failure can be much more costly? If that sounds like you, I can certainly relate. I learned a lot while holding that …
At Viking Mergers & Acquisitions, we provide personalized and professional business brokerage services to buyers and sellers. Selling a business takes a great deal of consideration and research to avoid leaving money on the table at closing. That’s why we encourage our business owners to think like a buyer throughout the selling process. When a business owner considers the perspective …
The closest thing most small business owners have to a business valuation is a speculation. If that sounds like you, you are far from alone. A recent bank survey revealed that 98% of small businesses can’t put a figure on their company’s value. If the majority of your personal net worth is invested in your company (which is the case …
Have you decided it’s time to sell your healthcare business? Perhaps you own a medical or specialized practice, an imaging center, a rehab clinic, a medical device or pharmaceutical sales business, or a physical/occupational therapy practice. Regardless of your specialization (or your reasons for exiting), there are unique factors to consider when selling any medical practice or healthcare business. Industry-specific …
At age 14, Devak Patel began working for his father. Their family owned multiple Dairy Queen franchises, and Devak recalls the high expectations that came with working with his dad. While challenging, it also afforded him the opportunity to learn, not just from an employee perspective but also from his dad’s experience as the business owner. Devak developed an interest …
I speak regularly these days with business owners and buyers who have concerns about the market, and specifically, about how their business might fare in a potential recession. I have many examples I can share with them about the businesses Viking is currently selling and what makes them recession-resistant; but in addition to that, I can share from my own …
Kyle Valentine leads Viking’s efforts in the East Tennessee market and brings with him more than a decade of business development and recruiting experience. Kyle has partnered with some of the most respected companies in American business to provide talent across all departments. With this experience, Kyle brings a valuable perspective when guiding and assisting East Tennessee entrepreneurs with the …
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Florida
